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KWINvsBAYETF Comparison

ETF 1

KWIN

KraneShares Wahed Alternative Income Index ETF

This fund is part of

Options Strategies

+0.3%

Full KWIN fund page

VS

ETF 2

BAY

Corgi Bay Area Based ETF

This fund is part of

US Multi-Factor

+0.47%

Full BAY fund page

KraneShares Wahed Alternative Income Index ETF (KWIN) belongs to the Options Strategies segment. Corgi Bay Area Based ETF (BAY) is part of the US Multi-Factor segment. KWIN's top 3 sector exposures are Technology, Consumer Cyclicals and Healthcare. In contrast, BAY's top sector exposures are Technology, Finance and Healthcare. KWIN is more expensive with a Total Expense Ratio (TER) of 0.51%, versus 0.2% for BAY. Run a side-by-side ETF comparison of KWIN and BAY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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KWIN vs BAY performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KWIN BAY	+0.27%+2.10%	+0.70%-1.89%	+2.14%n/a	n/an/a	n/an/a	n/an/a
Flows	KWIN BAY	+$1M-	+$10M-$423K	+$24M-	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KWIN BAY	+1.08%+24.22%	n/an/a	n/an/a	n/an/a
Max drawdown	KWIN BAY	-0.23%-8.17%	n/an/a	n/an/a	n/an/a
Max drawdown duration	KWIN BAY	26d71d	n/an/a	n/an/a	n/an/a

Trading data

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	KWIN	BAY
Last sale 9/3/2026 at 4:32 PM	$25.91	$28.95
Previous close 09/02/2026	$25.82	$28.95
Consolidated volume 09/02/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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BAY

is actively managed and doesn’t replicate an index

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	KWIN	BAY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/3/2026 at 4:32 PM

Live

Closed

	KWIN	BAY
Last price	$25.91	$28.95
1D performance	+0.35%	+0.00%
AuM	$61.79 M	$1.59 M
E/R	0.51%	0.2%

Characteristics

	KWIN	BAY
Management strategy	Passive	Active
Provider	KraneShares	Corgi Funds
Benchmark	Wahed Shariah Alternative Income Index	-
N° of holdings	25	53
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	November 4, 2025	May 6, 2026
ESG	No	No

More KWIN data on Trackinsight

More BAY data on Trackinsight

Exposure

Countries

KWIN

USA

96.67%

Other

3.33%

BAY

USA

81.17%

Other

18.83%

Sectors

KWIN

Technology

59.77%

Consumer Cyclical.

12.98%

Healthcare

12.96%

Other

14.29%

BAY

Technology

58.34%

Finance

10.11%

Other

31.55%

Diversification

KWIN

Total weight of top 15 holdings out of 15

64.16%

BAY

Total weight of top 15 holdings out of 15

45.03%

Top 15 holdings

Data as of July 31, 2026

KWIN

Synopsys, Inc.

5.54%

Tesla, Inc.

5.31%

Vertex Pharmaceuticals, Inc.

5.06%

Workday, Inc.

4.76%

Boston Scientific Corp.

4.62%

Ciena Corp.

4.19%

Coherent Corp.

4.10%

AutoZone, Inc.

4.00%

Adobe, Inc.

3.99%

Autodesk, Inc.

3.96%

Amazon.com, Inc.

3.87%

CrowdStrike Holdings, Inc.

3.73%

ServiceNow, Inc.

3.69%

O'Reilly Automotive, Inc.

3.67%

DoorDash, Inc.

3.67%

BAY

NVIDIA Corp.

6.77%

Alphabet, Inc.

4.60%

Broadcom Inc.

4.19%

Meta Platforms, Inc.

3.59%

Visa, Inc.

3.42%

Palo Alto Networks, Inc.

2.86%

Cisco Systems, Inc.

2.83%

Intel Corp.

2.46%

Lam Research Corp.

2.31%

Wells Fargo & Co.

2.17%

Snowflake, Inc.

2.10%

Fortinet, Inc.

1.98%

Netflix, Inc.

1.96%

Western Digital Corp.

1.95%

Seagate Technology Holdings Plc

1.84%

Frequently asked questions about KWIN and BAY

Which ETF is bigger: KWIN or BAY?

As of September 1, 2026, KWIN holds $61.79 M in assets under management (AUM), while BAY manages $1.59 M.

What sectors do the KWIN and BAY ETFs invest in?

KWIN leans toward sectors like Technology, Consumer Cyclicals and Healthcare. Meanwhile, BAY focuses on Technology and Finance.

What are the top holdings of the KWIN ETF and BAY ETF?

KWIN top holdings include Synopsys, Inc., Tesla, Inc. and Vertex Pharmaceuticals, Inc.. BAY holds in its top three: NVIDIA Corp., Alphabet, Inc. and Broadcom Inc..

KWINvsBAYETF Comparison

KraneShares Wahed Alternative Income Index ETF

Corgi Bay Area Based ETF

KWIN vs BAY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: KWIN or BAY?

As of September 1, 2026, KWIN holds $61.79 M in assets under management (AUM), while BAY manages $1.59 M.

What sectors do the KWIN and BAY ETFs invest in?

KWIN leans toward sectors like Technology, Consumer Cyclicals and Healthcare. Meanwhile, BAY focuses on Technology and Finance.

What are the top holdings of the KWIN ETF and BAY ETF?

KWIN top holdings include Synopsys, Inc., Tesla, Inc. and Vertex Pharmaceuticals, Inc.. BAY holds in its top three: NVIDIA Corp., Alphabet, Inc. and Broadcom Inc..

Which ETF is more diversified: KWIN or BAY?

KWIN holds 25 securities with 64.16% of its assets in the top 15. BAY has 53 securities and a top 15 weight of 45.03%.

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